Punjab revenue

Punjab Cracks Down on Tax Defaulters: Properties Auctioned as Government Moves to Recover Crores in Dues

Punjab Cracks Down on Tax Defaulters: Properties Auctioned as Government Moves to Recover Crores in Dues

Chandigarh (Gurpreet Singh): Punjab Finance, Planning, and Excise & Taxation Minister Advocate Harpal Singh Cheema on Friday announced that the State Government has significantly intensified its recovery drive against tax defaulters by officially commencing the public auction of properties belonging to chronic VAT and GST evaders. He said, "In a decisive move to reclaim long-pending state revenue, the Department of Excise and Taxation has successfully executed three major property auctions, recovering substantial sums from businesses and individuals who deliberately failed to discharge their tax liabilities despite being granted repeated opportunities and official legal notices." Elaborating on the initial successes of…
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Punjab Government Sees Strong Revenue Growth as VAT and Development Tax Collections Surge

Punjab Government Sees Strong Revenue Growth as VAT and Development Tax Collections Surge

Chandigarh (Gurpreet Singh): Highlighting a major milestone in the state's revenue generation, Punjab Finance, Excise and Taxation Minister Harpal Singh Cheema on Sunday announced that the state has recorded a significant financial boost for April 2026, driven by an impressive double-digit surge in both Value Added Tax (VAT) and Punjab State Development Tax (PSDT) collections. The Finance Minister said, "The state successfully secured approximately ₹265 crore in combined supplementary revenue from these two sectors, an achievement driven entirely by enhanced monitoring mechanisms, stringent enforcement protocols, and a transparent tax administration framework." Sharing the comprehensive details of this financial success, Finance…
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Punjab Emerges as Top-3 State in Revenue Growth; Own Tax Collection Hits Rs 57,919 Crore

Punjab Emerges as Top-3 State in Revenue Growth; Own Tax Collection Hits Rs 57,919 Crore

Chandigarh (Gurpreet Singh): Punjab Finance, Excise and Taxation Minister Harpal Singh Cheema on Tuesday said that under the leadership of the Aam Aadmi Party (AAP) government, Punjab has emerged among the top three states in the country for remarkable achievements in revenue growth, asserting that the state’s financial performance over the past four years reflects structural reform, fiscal discipline and administrative transparency. Addressing a press conference at Punjab Bhawan, Harpal Singh Cheema presented detailed data to underline what he described as a decisive turnaround in Punjab’s fiscal health. Addressing a press conference, Finance Minister Harpal Singh Cheema said, “Punjab’s own…
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